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Anthropic Targets $10 Billion Raise at $350 Billion Valuation

Investors weigh record AI deal flow against warnings of inflated valuations.

Overview

  • The prospective round is reportedly led by Singapore’s GIC and Coatue, according to Wall Street Journal and Reuters reporting.
  • The transaction could close in the coming weeks, though the final terms and size may still change.
  • The valuation would nearly double Anthropic’s worth from four months ago, in a year when PitchBook tallied $222 billion poured into AI startups.
  • Anthropic has engaged Wilson Sonsini to prepare for a possible IPO, but the company says no decision to go public has been made.
  • The company is scaling operations with an Accenture partnership to help enterprises deploy AI and a $50 billion U.S. data-center build with Fluidstack in Texas and New York.